Ayesha Kanga, Chayan Chopra, Chintan Rachchh, Cwaayal Singh, Madhyama Segal, Moses Koul, Naina Bhan, Piyush Khati, and Zeyn Shaw are among the actors who appear in it.
Netflix, which had 231 million paid subscribers at the end of 2022, stated that it plans to introduce paid sharing programmes later this quarter. In 12 markets, including the US, Australia, Brazil, Britain, Canada, France, Germany, Italy, Japan, South Korea, Mexico, and Spain, the OTT platform debuted a more affordable, ad-supported plan in November.
In comparison to 8.3 million paid net additions during the same period in 2021, Netflix saw 7.7 million paid net additions during the December quarter of 2022. In the Asia and Pacific region, Netflix increased its paid subscriber base by 1.8 million in the December quarter, which is less than the 2.58 million it added during the same time last year. The streamer does not separate out India-specific numbers.
Thanks to an increase in average paid memberships of 4% in the fourth quarter, revenue grew 2% year over year. According to Netflix, ARM (average revenue per member) increased 5% on a currency neutral basis while declining 2% year over year. Operating income fell to $550 million in Q4 from $632 million in Q4 of 21. Password sharing will likely be restricted by the company, which might lead to an increase in subscribers.
In addition, co-founder Reed Hastings is giving up his co-CEO title, Netflix announced as part of its earnings release. Hastings previously shared the sole CEO title with the company's former chief content officer Ted Sarandos. According to the business, Sarandos and Greg Peters, the chief product officer, will share the role of CEO with Hastings remaining executive chairman.
In addition to these adjustments, Scott Stuber has been named chairman of Netflix Film, while Bela Bajaria, formerly president of global TV, has been designated chief content officer.
Related Topics
Trending
Salman Khan Starrer 'Bathukamma' Song: Netizens PRAISE The Actor For Representing South Indian Culture
Karan Johar Takes A Dig At Kangana Ranaut Indirectly, Taunts Her For Picking Up The Nepotism Debate Again And Again
Karisma Kapoor Gets IGNORED By Kareena Kapoor Khan And Saif Ali Khan At 'The Great Musical Event,' Fans Feel Bad For Her
Priyanka Chopra And Karan Johar Were Seen Chitchatting And Laughing Together Post Her BIG CLAIM Of 'Bollywood Cornering Her'!
Television
‘Ghum Hai Kisi Ke Pyaar Mein' Spoiler Alert: Big Twist! Sai Will Have Grah-Pravesh In Satya's House
Ghum Hai Kisikey Pyaar Meiin: Harshad Arora Shares His Experience Working With Ayesha Singh; Reacts To #SaiYa
Shalin Bhanot APPLAUDED For Shooting 'Bekaaboo’ Nonstop For 17 Hours!
Is Uorfi Javed's Latest Tweet An 'April Fool's Day' Post? The Actress Seeks An Apology; Says, 'You Guys Will See A Changed Uorfi. Changed Clothes, Maafi' (Details Inside)
Web Series
Bollywood
Fashion & Lifestyle
UPCOMING MOVIES
NEW RELEASES
QUICK LINKS
POPULAR LINKS
Copyright © 2023 Boppo Entertainment Pvt. Ltd. All Rights Reserved.